“Quick heads up.
Some folks are attributing the market rally and the collapse of volatility to a Washington Post article by Greg Sargent arguing that the GOP isn’t united in their Debt Ceiling strategy as people might think.
Dave Lutz of Stifel Nicolaus passes along this segment in a quick note titled Why the huge drop in Volatility?
Seems the huge drop in Volatility can be attributed to 2 things. Bad earnings expectations already built in – and the “Cliff” threat coming off. From WTAW…”
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